Is the recent crypto market recovery the start of a new bull market or a post-bottom unwinding phase? The post HODL Record: 90% of Bitcoin Supply Hasn’t Moved in Last 3 Months appeared first on BeInCrypto.
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Block, co-founded by Jack Dorsey, saw its stock price rise after a Q3 earnings report that exceeded expectations, largely due to a 37.5% increase in Bitcoin revenue driven by the performance of its CashApp product. The post Block Bitcoin Revenue and Stock Price Jump to Shake Off Bear Market Blues appeared first on BeInCrypto.
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The SEC's delay in Bitcoin ETF decisions to 2024 leaves the crypto market in anticipation, with experts predicting a floodgate of institutional capital and a potential bull run upon approval. The post Why a Bitcoin ETF Approval Could Ignite the Biggest Bull Run in Crypto History appeared first on BeInCrypto.
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With the Fed's monetary policy steady, Bitcoin aims for $40,000, buoyed by the market's positive reaction and reinforced by gains in altcoins and a prospective period of economic stability and expansion. The post Bitcoin Targets $40,000 as FOMC Leaves Interest Rates on Hold appeared first on BeInCrypto.
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Here's how Bitcoin (BTC) price could react to the US Fed's announcement of a second consecutive rate pause. The post Bitcoin (BTC) Price Could Hit $40,000 After Fed Rate Announcement – 4 Key Indicators appeared first on BeInCrypto.
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The fervor around a US-based Bitcoin ETF approval is peaking with predictions of propelling Bitcoin to $150,000. This approval could mark a new dawn for Bitcoin, echoing a broader sentiment of acceptance and mainstream crypto adoption. The post Bitcoin ETF Approval by January Could Catapult BTC Price to $150,000 appeared first on BeInCrypto.
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Growing institutional interest boosts Bitcoin's daily transactions above $100,000 to yearly highs. The post Bitcoin Institutional Investors Return: $100,000+ Transactions Reach Yearly High appeared first on BeInCrypto.
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The US Personal Consumption Expenditure (PCE) Index increased by 3.4% year-on-year, in line with expectations, while Bitcoin's price rose by 0.69% following the announcement. The post US PCE Inflation Declines to 3.4%, Staying Inline With Expectations appeared first on BeInCrypto.
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Rafał Zaorski, a famous Polish trader, has shorted Bitcoin after its recent surge to $35,000, predicting further declines in the cryptocurrency's value in the coming months. The post Renowned Polish Trader Shorts Bitcoin (BTC) After Its Surge to $35,000 appeared first on BeInCrypto.
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The survey unveils a notable inclination towards long-term holding among crypto traders, with 64% adopting this strategy, resonating with the growing anticipation of Bitcoin ETF approvals, marking a cautious yet optimistic stance in the evolving crypto market landscape. The post Why 64% of Crypto Traders Prefer to Hold Ahead of Bitcoin ETF Approval appeared first on BeInCrypto.